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Live-Work Condo with Second-Floor Living
For Sale
Contact for pricing
Pending

537 Fritzsche Road, Lakemoor, IL 60051

Second-floor living quarters include master bedroom, full bath, living room, and kitchen; work space on lower condo.

Property SizeContact for details
Days on Market149

Property Features for 537 Fritzsche Road

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Berkshire Hathaway HomeServices Starck Real Estate
Listed By: Roxanne Johnson · License #IL
Source: Crexi
Added: Apr 12 Changed: Sep 5 Last Checked: Sep 7 at 7:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Starck Real Estate

Investment Insights

Based on property information with market context.

This live-work condo offers flexibility to operate as a traditional condo or as a combined living and work space. The second-floor living quarters include a master bedroom, a full bath, a living room, and a great kitchen, with approximately 950 square feet identified for the second-floor layout. Residents can live on the second floor while working in the condo below. The property also includes a tall entry, and the remarks note low fees.

The offering is described as being located in a quiet area of McHenry, with restaurants, shopping, residential and industrial uses, and parks and recreation nearby. The property is presented as convenient for an easy commute to surrounding communities. The groundskeeper quarters can be modified or removed depending on buyers’ needs.

Key Highlights

  • 2nd‑floor living quarters with master bedroom, full bath, living room, and great kitchen
  • Approx. 950 sq ft on the 2nd floor
  • Work space on the lower condo for a live‑and‑work setup

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Electrical Service Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

Demographics for 60051, IL

24,649
Population
10,210
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
33.2 sq mi
ZIP Area
742
Density / Sq Mi
$104,227
Median Household Income
$53,527
Median Earnings
$1,665
Median Rent
$268,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Second-floor living quarters include master bedroom, full bath, living room, and kitchen; work space on lower condo.
Where is this live-work space located?
The property is located at 537 Fritzsche Road Lakemoor, IL.
What are key features of this property?
This property features: 2nd‑floor living quarters with master bedroom, full bath, living room, and great kitchen; Approx. 950 sq ft on the 2nd floor; Work space on the lower condo for a live‑and‑work setup
More about this property
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